Resurgence in Japanese Demand Will Look to Boost Uranium Prices in 2013

RDInvesting Provides Stock Research on Cameco and Uranium Resources

NEW YORK, NY--(Marketwire - Feb 18, 2013) - The Fukushima disaster in Japan dealt a major blow to the Uranium Industry as many countries began to abort nuclear plans shortly after the incident, sending prices for uranium plummeting by as much as 40 percent. Two years after the disaster japan finally looks ready to embrace nuclear power once again. The Global X Uranium ETF (URA) has rallied over 7 percent year-to-date. Research Driven Investing examines investing opportunities in the Uranium Industry and provides equity research on Cameco Corporation (NYSE: CCJ)(TSX: CCO) and Uranium Resources, Inc. (NASDAQ: URRE).

A revival in Japanese demand could provide a major boost for struggling uranium prices. Before the incident Japan's annual uranium demand was approximately 20 million pounds, but have since fallen sharply as only 2 of its 50 nuclear reactors are online. Global demand for uranium is currently about 177 million pounds, according to Cantor Fitzgerald analyst, Rob Chang,

"There's a huge push for the restarts from industry, big electricity users, government and the utilities themselves," said David Sadowski, a Raymond James analyst. "And if you look at recent polls, even people in the towns around the nuclear plants, the ones who would be affected the most, are actually supportive of bringing them back online."

Research Driven Investing releases regular market updates on the Uranium Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.RDInvesting.com and get exclusive access to our numerous stock reports and industry newsletters.

Cameco is one of the world's largest uranium producers accounting for about 14% of the world's production from its mines in Canada, the US and Kazakhstan. The company's leading position is backed by about 465 million pounds of proven and probable reserves and extensive resources. Cameco's CEO, Tim Gitzel, has stated that Japan could bring back as many as 8 reactors online this year, according to a recent Bloomberg article.

Uranium Resources has over 206,600 acres of uranium mineral holdings and 152.9 million pounds of in-place mineralized uranium material in New Mexico and an NRC license to produce up to 1 million pounds of uranium per year. URI has an additional 1.3 million pounds of in-place mineralized uranium material in Texas and South Dakota. Shares of the company spiked sharply last week after announcing it has secured $9 million in surety bonds on their South Texas Properties.

Research Driven Investing has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.rdinvesting.com/disclaimer